Why I left Engineering/IT

I didn't leave because it was hard.
I left because it was no longer worth it.

Tuesday, July 01, 2008

My Investment Portfolio (June 2008)

This month had been a low volume month on SGX. Many of my stocks didn't have any market value because there had simply been no trade on that stock. That explains some changes in my top 30 holdings, as I assigned zero value to a stock with no volume for the day. I choose an easy way out as I know that the more accurate measure would be to take its last done price.

Having said that, some defensive stocks do hold up well during these tough times and that provides a natural hedge for my portfolio against adverse market movements. There is not much dividends received for this month. I participated in Viz Branz, Natural Cool and Asia Tiger rights issues. I have also selectively bought some blue chip stocks on weakness.

Going forward, my strategy is still to buy on weakness. Since there is not much dividends to be received for the next two months, I will have to buy slowly and carefully, since I have limited funds to deploy into the market.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 1 July 2008)

About Me

A self-directed investor, looking to invest for retirement needs and bypass all those expensive financial planners/insurance agents. Investing is fun, profitable or most important of all, knowledge gained is useful for the rest of your life!